United States

The U.S. economy is suffering from a major long-term problem: business investment is weak. Unless President Trump solves this problem, it will prove to be his Achilles’ heel. 

In the latest Sunday start from Morgan Stanley, the bank's co-head of economics, Elga Bartsch looks at - what else - the eerie, record calm gripping capital markets despite the daily bombardment, so to speak, of deteriorating geopolitical news, US and European political upheaval, deteriorating economic data, and confusion about China's credit impulse.

Authored by Paul Criag Roberts,

“Fifty years ago, the streets of Leningrad taught me one thing: If a fight is inevitable, you must strike first.” Vladimir Putin

In George Orwell’s 1949 dystopian novel, 1984, information that no longer is consistent with Big Brother’s explanations is chucked down the Memory Hole. In the real American dystopia in which we currently live, the information is never reported at all.

Authored by Brian Cloughley via The Strategic Culture Foundation,

In an apparent snub to the administration's trade policy plans, GE CEO Jeff Immelt - who sits on the Trump-appointed manufacturing council - said he "very supportive" of NAFTA adding that he was "optimistic about Mexico."

Just a day after we showed Mexico's Manufacturing industrial production surge 8.5% year-over-year - the greatest surge since August 2010...